NEXTracker Overview
- Founded
- 2013

- Status
- Acquired/Merged
- Employees
- 400

- Latest Deal Type
- Later Stage VC
- (In Progress)
- Latest Deal Amount
- $500M

- Investors
- 1
NEXTracker General Information
Description
Manufacturer of horizontal trackers designed to secure a brighter, cleaner future for generations to come. The company's trackers are advanced single-axis solar trackers for the power plants, enabling users to harvest the sun more efficiently, at lower costs and with more flexibility.
Contact Information
(Operating Subsidiary)
- 6200 Paseo Padre Parkway
- San Francisco Bay Area
- Fremont, CA 94555
- United States
NEXTracker Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
8. Later Stage VC | 02-Feb-2022 | $500M | 000 | In Progress | Generating Revenue | |
7. Secondary Transaction - Private | 02-Mar-2022 | 00000 | Completed | Generating Revenue | ||
6. Merger/Acquisition | 28-Sep-2015 | 00000 | 000.00 | 00000 | Completed | Generating Revenue |
5. Later Stage VC (Series C) | 01-Jul-2015 | 000.00 | 000.00 | 00000 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 09-Feb-2015 | 0000 | 000.00 | Completed | Generating Revenue | |
3. Early Stage VC (Series B) | 31-Dec-2014 | 000 | 000.00 | 000.00 | Completed | Startup |
2. Debt - General | 01-Oct-2014 | $7.12M | Completed | Startup | ||
1. Early Stage VC (Series A) | 21-Feb-2014 | $7.12M | $7.12M | 000.00 | Completed | Startup |
NEXTracker Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.00 |
Series B | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series A | 9,125,411 | $0.001000 | 8% | $1 | $1 | 1x | $1 | 39.97% |
NEXTracker Comparisons
Industry
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Request a free trialNEXTracker Competitors (15)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Ideematec Group | Private Equity-Backed | Wallerfing, Germany | 00 | 0000000 0000 | ||
00000000 00000000 | Formerly VC-backed | Chelmsford, Canada | 000000&0 | |||
00000 00000 | Corporation | Tempe, AZ | 0000 | 00.000 | 00000000000 | 00.000 |
0000000 | Formerly VC-backed | San Diego, CA | 000 | 00000 | 00000000000 | 00000 |
00000000 | Venture Capital-Backed | Dresden, Germany | 00 | 00000 | 000000 - 000 | 00000 |
NEXTracker Patents
NEXTracker Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20210273602-A1 | Systems and methods for split-cell and multi-panel photovoltaic tracking control | Pending | 01-Mar-2020 | 000000000 | |
US-10868490-B1 | Adjustable clip assembly for solar modules | Active | 01-Aug-2019 | 00000000 | 0 |
US-20210167719-A1 | Adjustable clip assembly for solar modules | Pending | 01-Aug-2019 | 000000000 | |
US-20200403559-A1 | Expandable splice for a solar power system | Pending | 18-Jun-2019 | 000000000 | |
US-20200373878-A1 | Actuator systems for solar trackers | Pending | 24-May-2019 | F16H25/2018 |
NEXTracker Executive Team (19)
NEXTracker Board Members (8)
Name | Representing | Role | Since |
---|---|---|---|
Daniel Shugar | NEXTracker | Co-Founder, Chief Executive Officer & Chairman | 000 0000 |
Jonathan Coslet | TPG | Board Member | 000 0000 |
Steven Mandel | TPG | Board Member | 000 0000 |
NEXTracker Signals
Growth Rate

Growth

Size Multiple


Key Data Points
Twitter Followers
5.5k

Similarweb Unique Visitors
15.0K

Majestic Referring Domains
314

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Request a free trialNEXTracker Former Investors (10)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
ClearSky | Venture Capital | Minority | 000 0000 | 000000 0 | |
DBL Partners | Venture Capital | Minority | 000 0000 | 000000 0 | |
Flex (Electronics ) | Corporation | Majority | 000 0000 | 000000 0 | |
NGEN MGT II | Venture Capital | Minority | 000 0000 | 000000 0 | |
Presidio Partners | Venture Capital | Minority | 000 0000 | 000000 0 |
NEXTracker Acquisitions (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
000000000 000 | 30-Aug-2016 | 0000000000 | Business/Productivity Software | 000000 00 |